EUR/GBP — News Archive


Euro Mostly Stuck in Forex Trading

Euro is mostly stuck today, trading rangebound. Euro is mainly lower against its counterparts in Forex trading, although there are some small gains against some of the euro’s trading partners. For the most part, euro’s performance is in wait and see mode as traders await the next round of US data and the ECB interest rate decision next week.

UK Pound Continues to Struggle on Brexit Fallout

Even though the UK economy hasn’t seen dramatically weak results since the Brexit vote, there are expectations that things could change in the coming months and years leading up to the actual “divorce” from the eurozone. Right now, comments from an economist are weighing on the sterling.

Euro Higher vs. Dollar as German Consumer Climate Improves

The euro rose against the US dollar for the second day but edged down versus the Great Britain pound today after the positive economic news from Germany.

Euro Mixed After Release of PMIs

The euro rose against the US dollar but fell versus the relatively strong Great Britain pound following the release of Purchasing Managers’ Indexes from the eurozone.

Euro Slightly Lower as Forex Traders Wait for Data

Euro is slightly lower against most of its major counterparts this morning, dropping a little bit as Forex traders consolidate positions and wait for tomorrow’s data releases.

Pound Ends Friday with Losses

The Great Britain pound ended Friday with losses amid speculations that the United Kingdom may start the process of leaving the European Union in the first half of 2017, ahead of the important elections in Germany and France.

Pound Rises with Strong Retail Sales

The Great Britain pound gained today with the help of surprisingly strong retail sales. It was just another evidence that the Brexit had no impact on Britain’s economy, at least not yet.

Euro Mostly Higher Today as Experts Talk of Reform

With all that’s going on right now, it seems as though euro should be heading lower. However, the 19-nation currency is mostly higher today, gaining against many of its counterparts. Euro is down against the US dollar, but seeing success against other currencies.

Pound Jumps with Improving Economic Indicators

The Great Britain pound jumped today as macroeconomic data released from the United Kingdom suggested that the impact of the Brexit had not yet hit the nation’s economy.

Euro Gets Some Breathing Room

Euro is getting some breathing room today, thanks in part to better news out of Germany. The latest trade surplus numbers are helpful, but long-term there are still issues that are likely to contribute to euro weakness.